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UCLC SEF2

Sector: Commercial • Location: Romania

Source: International Finance Corporation (IFC)

Project
Active

 The proposed investment consists of up to EUR50 mn (approx. US$53 mn equivalent) senior unsecured loan to UniCredit Leasing Corporation IFN S.A. (UCLC or the Company). UCLC is part of UniCredit Group, a pan-European banking group with presence in Italy, Germany and Central and Eastern Europe. UCLC is the leader of the Romanian leasing market and an existing IFC client since 2017. The proceeds of

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The project “UCLC SEF2” is an infrastructure initiative in the Commercial sector, located in Romania. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Original status

active

Taiyo status

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Description

Description

 The proposed investment consists of up to EUR50 mn (approx. US$53 mn equivalent) senior unsecured loan to UniCredit Leasing Corporation IFN S.A. (UCLC or the Company). UCLC is part of UniCredit Group, a pan-European banking group with presence in Italy, Germany and Central and Eastern Europe. UCLC is the leader of the Romanian leasing market and an existing IFC client since 2017. The proceeds of IFC’s investment are to be earmarked (i) up to 50% to support on-lending to small and medium enterprises (SMEs) and corporates in Romania, and (ii) at least 50% to funding eligible sustainable energy finance projects that meet eligibility criteria established by IFC (the Project).                                                 

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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